FAO GIEWS Country Brief on Malaysia (23-April-2015)

Reference Date: 23-April-2015

FOOD SECURITY SNAPSHOT

  1. Bumper 2015 rice production estimated

  2. Cereal imports forecast to increase in 2014/15

  3. Consumer Price Index (CPI) rose slightly in March 2015 compared to same period last year

Bumper 2015 rice production estimated

Harvesting of the 2015 paddy crop is nearing completion. FAO’s latest forecast puts the 2015 aggregate paddy production at 2.6 million tonnes, similar to last year’s good level. The favourable production prospects reflect high yields following generally favourable weather and continued Government support to the rice sector, including subsidies for agricultural inputs aimed at boosting yields.

Cereal imports to increase in 2014/15

Total cereal imports in the 2014/15 marketing year (July/June) are forecast at 6.4 million tonnes, 6 percent above last year’s high level. This reflects a 24 percent increase in rice imports in 2014 compared to the 2013 below-average level (now estimated at 1.1 million tonnes), on account of strong consumption demand and efforts to restore stocks. By contrast, maize and wheat imports are anticipated to remain generally stable at 3.9 and 1.4 million tonnes, respectively.

Consumer Price Index (CPI) rose slightly in March compared with a year ago

The Consumer Price Index (CPI) in March 2015 was officially estimated 0.9 percent higher than its level compared to a year earlier, but remained unchanged from the previous month. The food and non-alcoholic beverages component of the CPI increased by 2.3 percent year-on-year.

Relevant links:
From GIEWS:
 Earth Observation Indicators
From FAO:
 FAO Country Profiles